IT Operational Risk

IT Operational Risk refers to the potential for loss or disruption caused by failures in technology systems and processes within an organization. This can include issues like system outages, data breaches, human errors, or inadequate policies. Effective Technology Risk Management involves identifying, assessing, and mitigating these risks to ensure that IT systems operate smoothly and securely. By managing IT operational risk, organizations can protect their data, maintain service reliability, and support their overall business objectives, ultimately safeguarding their reputation and financial stability.